It's physical revulsion, squeamishness rather than intellectual/political/considered revulsion.
I do think you're right.
Like it seems a lot of the far right gay haters are really stuck at that pre-adolescent level where sexuality is still kind of mysterious and in some ways (esp depending upon how you were raised and probably how CHRISTIAN you are) scary. I remember seeing this book once at Sam's Club (weirdly enough, since the Waltons are usually all over "family values") that was called
The Joys of Gay Sex. I was probably 11 and I remember the picture of two guys having some kind of standing up sex (?) on the cover kind of disturbed me. But then, so did the first heterosexual porn images I ever saw, much much more than the gay sex picture actually.
There's probably also an element of biterness--i.e., gay culture has always been associated with bohemian culture in the U.S., and insofar as it was marginalized in this way, the right seemed to have no problem with it. But as soon as you had gay couples who wanted to get married and adopt, you got a much louder outcry from the far right. It's as if they're livid that the urban sophisticates are trying to take over the right's self-proclaimed monoply on "family values" or family living.
It really does seem like envy. Urban DINKs easily make 5-10 times, if not more, than what your average far righter makes per year, they have glamorous jobs, they travel, they're now considered "cool" in the media. It's almost like the far right are saying, why do you have to take crying babies and diaper changing and PTA meetings and soccer games away from us! You already have everything else.